365 NE 125th St #302 · North Miami, FL 33161

$159,900

1 bd · 1.0 ba · 710 sqft · Condo public records · 99 Days on market

Built 1971 $230/mo HOA · 7% of rent

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• Livability +4.2/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

First Time EVER on the Market! Incredible Investment Opportunity! No rental restrictions — start renting immediately! Building passed both 40 & 50-year recertifications with flying colors. This unit is fully renovated top to bottom — brand new floors, appliances, windows, cabinets. .. absolutely EVERYTHING is fresh and turnkey. Motivated seller, priced to move fast. No special assessments and LOW HOA fees make this a smart buy for both owner-occupiers and investors. Easy to show with lockbox in place — don’t miss out on this rare gem! Cash buyers only.

Key facts

• Laundry facilities
• Community pool
• Central cooling

Tags

• PRIME NORTH MIAMI LOCATION
• COMMUNITY POOL
• BALCONY
• ASSIGNED PARKING
• LAUNDRY FACILITIES
• CENTRAL COOLING

Property features AI

Finance

• HOA & community: HOA with monthly fee of $230; HOA includes HVAC maintenance; Community pool; Senior community; Pets allowed (size limits may apply)

Exterior

• Parking: Assigned parking; 1 covered garage space; 1 covered carport space; 2 covered spaces total
• Security: Closed-circuit camera(s)
• Utilities: Cable available
• Home design: Condominium; Resale; 4-story building; Entry on third floor
• Construction: Brick construction
• Exterior features: No waterfront; Third-floor entry

Interior

• Kitchen: Electric range
• Bedrooms: No main level bedrooms
• Flooring: Ceramic tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Furnished; Blinds; Electric Range

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $160k.

Deal economics

• At list price, monthly cash flow is $1k ($16k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $160k).
• Recommended offer: $146k (9.0% below list) — sets the bar for market timing.
• Cap rate 16.1% vs local median 4.1% in North Miami — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#51 in FL, #914 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: schools D+, employment D.
• Miami-Dade (suburban): math 45% / reading 54% proficiency, ranked #40 of 73 in FL (top 55%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-0.7%/yr); 338 active listings in the ZIP; 10,051 units permitted in Miami-Dade County in 2024 (7,758 in 5+ unit buildings).
• At $3,383/mo this rent would consume 70% of the median local household income ($58k/yr) (locally 3226% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Miami-Dade County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $45k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 99 days — a 9% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 17y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $145,509 (9.0% below list)

Questions for the listing agent

1. It's been on market 99 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 2.12% ✓
• Cap rate: 16.09%
• Cash-on-cash: 34.98%
• DSCR: 2.56
• GRM: 3.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 26.7%
• Equity multiple: 2.06×
• Total profit: $47,503
• Equity at exit: $23,842

10-year hold

• IRR: 32.3%
• Equity multiple: 3.48×
• Total profit: $110,937
• Equity at exit: $13,825

Cash invested: $44,772 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33161

• Rents YoY: -0.7%
• Active inventory: 338
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $3,383 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$233 /mo · $2,791/yr
• Insurance: −$67
• HOA: −$230
• Vacancy / Maint / Mgmt: −$710
• Net cashflow: $1,305

Break-even live

Break-even rent $1,731

Max offer price $159,900

Occupancy floor 56%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

HOA detail condo

• Monthly dues: $230 · $2,760/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 28 events

1. 2026-06-18
   days on market $159,900 Active 99 DOM
2. 2026-06-17
   days on market $159,900 Active 98 DOM
3. 2026-06-16
   days on market $159,900 Active 97 DOM
4. 2026-06-15
   days on market $159,900 Active 96 DOM
5. 2026-06-13
   days on market $159,900 Active 94 DOM
6. 2026-06-09
   days on market $159,900 Active 90 DOM
7. 2026-06-08
   days on market $159,900 Active 89 DOM
8. 2026-06-07
   days on market $159,900 Active 88 DOM
9. 2026-06-04
   days on market $159,900 Active 85 DOM
10. 2026-06-03
    days on market $159,900 Active 84 DOM
11. 2026-06-02
    days on market $159,900 Active 83 DOM
12. 2026-06-01
    days on market $159,900 Active 82 DOM
13. 2026-05-31
    days on market $159,900 Active 81 DOM
14. 2026-02-19
    historical $1,750
15. 2026-01-01
    listed $159,900 Active
16. 2025-10-17
    price $1,750
17. 2025-09-30
    price $1,800
18. 2025-09-19
    listed $1,899
19. 2025-09-18
    soldstatus $175,000
20. 2025-09-16
    status Pending 589-char remark

    Show marketing remark (589 chars)

    First Time EVER on the Market! Incredible Investment Opportunity! No rental restrictions — start renting immediately! Building passed both 40 & 50-year recertifications with flying colors. This unit is fully renovated top to bottom — brand new floors, appliances, windows, cabinets. .. absolutely EVERYTHING is fresh and turnkey. Motivated seller, priced to move fast. No special assessments and LOW HOA fees make this a smart buy for both owner-occupiers and investors. Easy to show with lockbox in place — don’t miss out on this rare gem! Cash buyers only.

21. 2025-09-15
    soldstatus $175,000 Closed 589-char remark

    Show marketing remark (589 chars)

    First Time EVER on the Market! Incredible Investment Opportunity! No rental restrictions — start renting immediately! Building passed both 40 & 50-year recertifications with flying colors. This unit is fully renovated top to bottom — brand new floors, appliances, windows, cabinets. .. absolutely EVERYTHING is fresh and turnkey. Motivated seller, priced to move fast. No special assessments and LOW HOA fees make this a smart buy for both owner-occupiers and investors. Easy to show with lockbox in place — don’t miss out on this rare gem! Cash buyers only.

22. 2025-08-12
    status Active 589-char remark

    Show marketing remark (589 chars)

    First Time EVER on the Market! Incredible Investment Opportunity! No rental restrictions — start renting immediately! Building passed both 40 & 50-year recertifications with flying colors. This unit is fully renovated top to bottom — brand new floors, appliances, windows, cabinets. .. absolutely EVERYTHING is fresh and turnkey. Motivated seller, priced to move fast. No special assessments and LOW HOA fees make this a smart buy for both owner-occupiers and investors. Easy to show with lockbox in place — don’t miss out on this rare gem! Cash buyers only.

23. 2025-08-04
    status Pending 589-char remark

    Show marketing remark (589 chars)

    First Time EVER on the Market! Incredible Investment Opportunity! No rental restrictions — start renting immediately! Building passed both 40 & 50-year recertifications with flying colors. This unit is fully renovated top to bottom — brand new floors, appliances, windows, cabinets. .. absolutely EVERYTHING is fresh and turnkey. Motivated seller, priced to move fast. No special assessments and LOW HOA fees make this a smart buy for both owner-occupiers and investors. Easy to show with lockbox in place — don’t miss out on this rare gem! Cash buyers only.

24. 2025-07-17
    price $189,000 589-char remark

    Show marketing remark (589 chars)

    First Time EVER on the Market! Incredible Investment Opportunity! No rental restrictions — start renting immediately! Building passed both 40 & 50-year recertifications with flying colors. This unit is fully renovated top to bottom — brand new floors, appliances, windows, cabinets. .. absolutely EVERYTHING is fresh and turnkey. Motivated seller, priced to move fast. No special assessments and LOW HOA fees make this a smart buy for both owner-occupiers and investors. Easy to show with lockbox in place — don’t miss out on this rare gem! Cash buyers only.

25. 2025-06-25
    listed $200,000 Active 589-char remark

    Show marketing remark (589 chars)

    First Time EVER on the Market! Incredible Investment Opportunity! No rental restrictions — start renting immediately! Building passed both 40 & 50-year recertifications with flying colors. This unit is fully renovated top to bottom — brand new floors, appliances, windows, cabinets. .. absolutely EVERYTHING is fresh and turnkey. Motivated seller, priced to move fast. No special assessments and LOW HOA fees make this a smart buy for both owner-occupiers and investors. Easy to show with lockbox in place — don’t miss out on this rare gem! Cash buyers only.

26. 2009-04-29
    soldstatus $29,000
27. 2009-04-23
    soldstatus $29,000 289-char remark

    Show marketing remark (289 chars)

    PRICED TO SELL...COVERED PARKING...GATED ENTRANCE...MOTIVED SELLER HAS PRICED TO GO...GREAT LOCATION AND IN VERY GOOD CONDITIONS...RENTED FOR $650.00 AND TENANT WILL STAY FOR INVESTOR BUYER...LOW PRICE, LOW TAXES AND LOW MAINTENANCE FEE. FINANCING AVAILAB LE FOR OWNER USER...CALL TODAY!!!

28. 2009-01-24
    listed $39,900 289-char remark

    Show marketing remark (289 chars)

    PRICED TO SELL...COVERED PARKING...GATED ENTRANCE...MOTIVED SELLER HAS PRICED TO GO...GREAT LOCATION AND IN VERY GOOD CONDITIONS...RENTED FOR $650.00 AND TENANT WILL STAY FOR INVESTOR BUYER...LOW PRICE, LOW TAXES AND LOW MAINTENANCE FEE. FINANCING AVAILAB LE FOR OWNER USER...CALL TODAY!!!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $2,791 · $233/mo
• Projected year-2 tax: $2,791 · $233/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (shaded) · 24% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥104°F today · 28 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $40,598
• − Mortgage interest: −$8,957
• − Property taxes: −$2,791
• − Insurance: −$800
• − Repairs & maintenance: −$3,248
• − Management: −$3,248
• − HOA: −$2,760
• − Depreciation: −$4,652
• Taxable income: $14,144
• Est. tax owed @ 24.0%: −$3,395
• After-tax cash flow: $12,266/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Miami-Dade
• NCES district ID: 1200390
• Math proficiency: 45% ▼ -16.00%
• Reading proficiency: 54% ▼ -5.00%
• Median HH income: $43,928
• Composite: 41.76/100
• National rank: #3397
• State rank: #40 of 73 in FL

Livability — North Miami

• Score: 83/100
• State rank: #51
• US rank: #914

Category grades

Amenities A+ Commute A+ Cost of living A- Crime B- Employment D Housing A Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Miami, FL
• County: Miami-Dade County · 2,697,751 people
• City population: 99,437
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 54,814
• Household income: $58,325
• Rent vs Own: 56.0% rent · 44.0% own
• Severe rent burden: 3226.0

Population outlook (Miami-Dade County) Hauer SSP2

• Today (2025): 3,126,439 people
• By 2030: 3,325,765 · +6.4%
• By 2040: 3,697,561 · +18.3%
• By 2050: 4,012,134 · +28.3%
• By 2075: 4,605,612 · +47.3%
• By 2100: 4,866,598 · +55.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: Black 56% Hispanic / Latino 31% Two or more races 18% White 8% Asian 2%
• Hispanic origin (detail): Puerto Rican 4% Cuban 7% Dominican 4% Salvadoran 1%
• Common ancestry: Hispanic 35% Estonian 1% Lithuanian 1%
• Foreign-born: 51% · Canada, Jamaica, Dominican Republic
• Languages at home: 25% English-only · French/Haitian/Cajun 41% Spanish 30% Other Indo-European 2%

Political lean MEDSL · Miami-Dade

• 2024 margin: R (+11.4) · D 43.9% · R 55.4%
• 2008→2024 swing: -27.6pp toward R · 2008: 16.1pp · 2024: -11.4pp
• All cycles: 2024: R+11.4 2020: D+7.3 2016: D+29.6 2012: D+23.7 2008: D+16.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -492.86%
• Current HPI: 630.6932
• Rent YoY: ▼ -0.73%
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-95.6% since first listed

15 events — show timeline

• 2026-02-19 Rental Removed $1,750 MARMLS
• 2026-01-01 Listed $159,900 Beaches MLS
• 2025-10-17 Price Changed $1,750 MARMLS
• 2025-09-30 Price Changed $1,800 MARMLS
• 2025-09-19 Listed for Rent $1,899 MARMLS
• 2025-09-18 Sold (Public Records) $175,000 Public Records
• 2025-09-16 Pending — MARMLS
• 2025-09-15 Sold (MLS) $175,000 MARMLS
• 2025-08-12 Relisted — MARMLS
• 2025-08-04 Pending — MARMLS
• 2025-07-17 Price Changed $189,000 MARMLS
• 2025-06-25 Listed $200,000 MARMLS
• 2009-04-29 Sold (Public Records) $29,000 Public Records
• 2009-04-23 Sold (MLS) $29,000 Beaches MLS
• 2009-01-24 Listed $39,900 Beaches MLS

Property tax history

+12.5%/yr

Latest (2025): $2,791 · +9.9% YoY. Source: county tax records.